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MCB Bank Limited | PSX MCB

finance.pk

Member
MCB Bank Limited
COMMERCIAL BANKS
 


BUSINESS DESCRIPTION
MCB Bank Limited is a banking company incorporated in Pakistan and is engaged in commercial banking and related services. 






ADDRESS
MCB Building, 15-Main Gulberg Jail Road, Lahore

WEBSITE
www.mcb.com.pk



 

finance.pk

Member
MCB Bank Limited (MCB): 1QCY22 Result Review: BUY Stance Maintained – By Abbasi Research

  • has announced its 1QCY22 result where it posted a profit after tax of Rs8.91bn (EPS: Rs7.52) as compared to a profit after tax of Rs6.79bn (EPS: Rs5.73) in the same period last year, up by 31.3% YoY.

  • The company has posted a net interest income of Rs18.11bn against Rs15.24bn in SPLY, recording a growth of 18.8% YoY. We note that this growth is attributed to the highinterest rate.

  • Non-interest income has been increased by 20.5% YoY to Rs5.72bn mainly due to the increase in dividend income and foreign exchange income during the period.
View attachment 1869

9D78BE17-51EA-4378-9270-D4AF05056F00.jpeg

 
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finance.pk

Member
MCB Bank Limited (MCB): 1QCY22 Result Review: BUY Stance Maintained – By Abbasi Research

  • has announced its 1QCY22 result where it posted a profit after tax of Rs8.91bn (EPS: Rs7.52) as compared to a profit after tax of Rs6.79bn (EPS: Rs5.73) in the same period last year, up by 31.3% YoY.

  • The company has posted a net interest income of Rs18.11bn against Rs15.24bn in SPLY, recording a growth of 18.8% YoY. We note that this growth is attributed to the highinterest rate.

  • Non-interest income has been increased by 20.5% YoY to Rs5.72bn mainly due to the increase in dividend income and foreign exchange income during the period.

C27A40C5-5D03-458C-8B09-CFD233C8E5AF.jpeg

 

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